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Balance Sheet The account balances of Paradise Travel Service for the year ended May 31, 20Y6, follow: Cash dividends of $33,500 were paid during the

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Balance Sheet The account balances of Paradise Travel Service for the year ended May 31, 20Y6, follow: Cash dividends of $33,500 were paid during the year. Retained earnings as of June 1, 20Y5, were $238,000. Prepare the balance sheet as of May 31, 20Y6. When entering assets, enter them in order of liquidity

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